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September 2004 fine-art market intelligence

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Fine art

Hearing date set in Nazi-seized art case

latimes.com

Maria V. Altmann’s lawsuit to recover six Klimt paintings seized by the Nazis was not dismissed by U.S. District Judge Florence-Marie Cooper, who set an October 18 hearing to fix a trial date. The works have been displayed at the Austrian Gallery and include a portrait of Adele Bloch-Bauer, Altmann’s late aunt.

Fine art

Playboy’s paintings financed by blood money

telegraph.co.uk

Kate Connolly reports from Berlin about the Flick Collection, a modern art collection lent to the Hamburger Bahnhof by Friedrich Christian Flick, a former playboy and heir to a Nazi-era industrialist, amid controversy over alleged blood money financing. The collection includes works by Alberto Giacometti, Bruce Naumann, Gerhard Richter and Kurt Schwitters.

Fine art

£10m Monet returns to London on way to auction

telegraph.co.uk

The painting by Claude Monet of the Houses of Parliament is expected to fetch up to £10 million at Christie’s, the most expensive Monet view of London auctioned to date.

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